- XRP ($3.12) maintained its bullish momentum with the MA cross at 2.5373/1.1871 despite political controversy.
- Trading volume held steady at 23.66M XRP, while the price has formed higher lows since November 2024.
The United States government has taken a significant step toward recognizing digital assets through a recent executive order from President Donald Trump.
However, rather than unifying the cryptocurrency industry, the order has sparked intense debate, with Ripple [XRP] facing particular scrutiny from Bitcoin [BTC ($104,958.47)] maximalists.
XRP under fire from Bitcoiners
On the 23rd of January, President Trump signed the “Strengthening American Leadership in Digital Financial Technology” executive order, which notably includes provisions for establishing a “strategic crypto reserve.”
However, the term “strategic crypto reserve” has ignited fierce debate within the cryptocurrency community over the past 48 hours.
Bitcoin proponents argue that the language should ha…
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